Hawaiian Q3 net income falls 16% as competition increases
Hawaiian Holdings, the parent company of Hawaiian Airlines, says net adjusted income fell 16% to US$81.5m in Q3 of 2019 compared to the same period a year ago as increased competition weighed on airline’s results. Still, executives at the carrier are optimistic the combination of its new “main cabin basic” fares, as well as international travel expansion, is a recipe for success. The company's leadership are banking on that strategy to entice more passengers to travel to the state. “We are competing from a position of strength and have all the elements in place as the carrier of choice for guests traveling to, from and within the Hawaiian Islands,” said Hawaiian CE Peter Ingram Tuesday. “These results are solid considering the capacity increases in the last 2 years.” <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-10-23/unaligned/hawaiian-q3-net-income-falls-16-as-competition-increases
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Hawaiian Q3 net income falls 16% as competition increases
Hawaiian Holdings, the parent company of Hawaiian Airlines, says net adjusted income fell 16% to US$81.5m in Q3 of 2019 compared to the same period a year ago as increased competition weighed on airline’s results. Still, executives at the carrier are optimistic the combination of its new “main cabin basic” fares, as well as international travel expansion, is a recipe for success. The company's leadership are banking on that strategy to entice more passengers to travel to the state. “We are competing from a position of strength and have all the elements in place as the carrier of choice for guests traveling to, from and within the Hawaiian Islands,” said Hawaiian CE Peter Ingram Tuesday. “These results are solid considering the capacity increases in the last 2 years.” <br/>
